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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

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Won't be surprised if it immediately turns green at open. It's been creeping up ever since that dump earlier. The Hertz deal really doesn't matter that much to Tesla's bottom line....it was more just a PR boost (i.e. if the deal were to fall through, it's not like Tesla would need to scramble to find 100,000 buyers of the would-be Hertz cars). Once people digest Elon's tweet, they'll realize nothing has really changed to Tesla's future earnings potential and the stock will probably bounce right back to where it closed last night.
And after a little dip at open, back up to $1,180. Probably will be past $1,200 shortly.
 
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Almost 3 million shares changing hands pre-market. Color me impressed.

This is actually a pretty healthy place for this run-up to take a breather and a pretty strategic place for MM's to try to create a defense from any further squeeze beyond their control.

This would be a grand place for MM's to push back and pause this thing, problem is.....each share is now $1xxx. And volume is massive.

All summer we watched them stop and start the SP wherever they liked because each stroke of the market's clock was maybe 15-35k shares at $600. Now it's 45-145k shares at $1xxx. That's too much cash to put out there, the algo has changed dramatically.

The market is much more likely to flow whichever way it likes now.